미국의 시추 폐기물 관리 시장 규모는 2025-2032년 예측 기간 동안 8.45%의 CAGR로 2024년 15억 6,000만 달러에서 2032년 29억 8,000만 달러로 확대될 것으로 예상됩니다. 이 시장은 시간이 지남에 따라 꾸준히 성장하고 있으며, 향후 몇 년 동안 비슷한 성장세를 유지할 것으로 예상됩니다.
미국에서는 엄격한 환경 규제와 대량의 채굴 작업으로 인해 시추 폐기물 관리에 대한 수요가 증가하고 있습니다. 이러한 성장은 폐기물 처리를 위한 지속가능한 방법의 모색, 효과적인 시추 폐기물 관리를 위한 고도로 업그레이드된 기술 개발, 업계 내 기업의 사회적 책임에 대한 흐름에 의해 촉진되고 있습니다. 또한, 시추 폐기물 저장 시스템은 매립지를 줄이고 환경의 지속가능성에 기여하는 데에도 필수적입니다.
예를 들어, 2023년 3월 알래스카 환경보호국(DEC)은 AS 46.03 및 18 AAC 60에 따라 북사면에서 시추 폐기물 저장 시설의 운영 및 유지보수를 위한 일반 허가를 발급했습니다. 이 허가는 환경 기준 준수를 보장하고 이 지역에서 발생하는 시추 폐기물의 적절한 관리 방법과 공중 보건 및 환경에 미치는 잠재적 영향에 대한 의무를 규정합니다.
이 보고서는 미국의 시추 폐기물 관리 시장에 대해 조사했으며, 시장 개요와 함께 서비스별, 폐기물 유형별, 용도별, 지역별 동향, 시장 진입 기업 개요 등을 제공합니다.
United States Drilling Waste Management market is projected to witness a CAGR of 8.45% during the forecast period 2025-2032, growing from USD 1.56 billion in 2024 to USD 2.98 billion in 2032. The market has witnessed steady growth as time progressed and is expected to maintain the same over the upcoming years.
Drilling waste management is one of the growing needs in the United States, owing to strict environmental regulations coupled with high volumes from extraction operations. Such growth is facilitated through the search for sustainable methods for waste disposal, the development of highly upgraded technologies for effective drilling waste management, and corporate social responsibility flowing within the industry. Moreover, drilling waste storage systems are also essential in reducing landfills and contributing to environmental sustainability.
For instance, in March 2023, Alaska Department of Environmental Conservation, DEC, issued a general permit to operate and maintain a drilling waste storage facility on the North Slope. Such permit, authorized under AS 46.03 and 18 AAC 60, is part of a five-year cycle regulating facilities that handle drilling waste. The permit would ensure compliance with environmental standards and mandate proper management practices for the drilling waste generated in this region and its potential impacts on public health and the environment.
Increase in Focus for Sustainability in Drilling Waste Management is Proliferating Market Prosperity
The current focus on sustainability significantly enhances the United States' practice in drilling waste management. With increased stringency in environmental regulations, oil and gas companies are increasingly using innovative technologies of waste management, which are also environmentally friendly, such as biodegradable drilling fluids and closed-loop mud systems. These strict regulations keep companies in a position to meet stringent regulations by the government and corporate social responsibility goals. Additionally, it also aids in appealing to a consumer base that is conscious of the environment. Consequently, the action also promotes the integration of resource recovery initiatives in line with the circular economy and boosts demand for effective and sustainable waste management solutions across the industry.
For instance, in March 2024, the United States government (Biden Administration) strictly announced that drilling companies should reduce the amount of methane released into the air, as it is a hazardous greenhouse gas that hampers sustainability. Proposed rules from the Biden administration targeted a reduction in methane emissions in oil production, processing, and transport, including leakage from pipelines and infrastructure. The push for strict rules reflects a strong commitment of the United States towards managing drilling wastes effectively, fighting climate change, and increasing environmental sustainability within the industry, thereby promoting market growth.
Government Initiatives Acting as a Catalyst
Government policies ensure that drilling waste is handled in an environmentally responsible manner with minimal environmental consequences and protection of public health. Effective policies encourage the application of the latest technologies in managing waste and further assure sustainability in the oil and gas industries.
Countless state governments have drawn up particular rules to deal with the continuous increase in drilling waste due to hydraulic fracturing. The policies are directed toward proper containment, treatment, and correct disposal methods for drilling wastes like wastewater, mud, and cuttings. Moreover, the United States is divided into regions with different regulations for the practice. The Gulf of Mexico, Ohio, Nevada, California, Louisiana, and Texas have some of the most stringent requirements for drilling waste management.
For instance, in April 2023, the Ohio Environmental Protection Agency (EPA) issued a permit-to-drill for the American Landfill, Inc. Class I non-hazardous waste injection disposal well in Stark County to begin construction activities on the Waynesburg landfill property. This permit, however, does not allow for the disposal of drilling waste like wastewater in landfills, contributing to waste management and, thereby, augmenting the market growth. On the other hand, American Landfill must request an additional permit to operate from the government to dispose of wastewater once the well is drilled. The well is designed to inject waste at depths below drinking water sources to protect the environment and only take nonhazardous waste if approved in the permit, thereby promoting sustainability.
An Urgent Need for the Reutilization of Contaminated Oil-Based Muds Amplifies Market Growth
Recycling of drilling mud is vital for the United States in terms of benefits to the environment and the economy. In the United States, most drilling waste muds from waste lubricants end up in landfills, resulting in the enhancement of greenhouse gas emissions. The emergence of new technologies for recycling drilling mud caters to plenty of opportunities to recover valuable resources and minimize environmental effects, thereby augmenting market growth. Thus, sustainable practices have gained a lot of importance in the oil and gas industry.
For instance, in September 2023, GN Solids America, a subsidiary of GN Solids Control, developed new Horizontal Directional Drilling (HDD) Mud Recycling Systems to address the environmental concerns of HDD operations. This technology is utilized widely in industries such as oil and gas and results in the recycling of massive volumes of contaminated oil-based drilling mud. Taking care to recycle effectively, GN Solids America's HDD systems are designed to efficiently separate solids out of the drilling mud, making clean fluid reusable and responsibly disposed of, thus resulting in a considerable amount of savings on the disposal costs while lowering the environmental impact of HDD projects, thereby promoting sustainability.
Southern United States Led the Market in All Aspects
The southern region of the United States has emerged as a leader in drilling waste management and is expected to continue its dominance in the coming years. This leadership is attributed to a combination of robust regulatory frameworks and heightened environmental awareness, which have fostered effective drilling waste management practices that balance ecological concerns with industry needs. The implementation of exemptions in the southern USA from EPA regulations for oil and gas exploration wastes has facilitated the adoption of advanced technologies in drilling waste management, such as recycling and thermal treatment.
As a result, the southern part of the United States has become a pioneer in environmentally responsible drilling operations, demonstrating a commitment to sustainable practices while addressing the challenges of drilling waste. The ongoing evolution of waste management strategies reflects the region's proactive approach to mitigating environmental impacts and enhancing operational efficiency within the oil and gas sector, thereby facilitating market growth.
Future Market Scenario (2025 - 2032F)
The introduction of various government policies and initiatives is expediting the drilling waste management market's growth, which is expected to continue over the years to come.
The competitors are indulging in various collaborations to introduce new drilling waste management projects, which, in turn, is anticipated to cater to extensive opportunities for the market in the future.
Decomposition technology in the treatment of drilling waste in the United States is revolutionizing waste treatment practices. Innovations in bioremediation and thermal treatment are being adopted to reduce environmental impact and improve the possibility of sustainability. These technologies make recycling possible as well as efficient disposal that not only meets regulatory demands but also leads to several economic benefits, hence stimulating responsible waste management in the oil and gas industries.
Key Players Landscape and Outlook
The demand for drilling waste management in the United States keeps increasing owing to a variety of effective and feasible solutions for the oil and gas industry. Key companies operating in the market are putting significant effort into maintaining a competitive edge through continuous innovation and enhancement. Further, to reinforce technological capabilities, such companies are engaging in multiple strategic collaborations and partnerships with a focus on R&D. The collaborative approach serves to not only accelerate the pace of drilling waste management technology development but also ensures a capability for companies to prepare and comply with changing regulations and environmental expectations of their customers, positioning them favorably for a growing market.
In September 2024, Newpark Resources Inc. announced the sale of its drilling waste fluid for recycling to SCF Partners Inc. with a base selling price of USD 127.11 million. Moreover, in the month of July for the same year, Newpark got huge recognition for its exceptional drilling fluid solutions in the annual Kimberlite International Oilfield 2024 Drilling Fluid and Solids Control Report. Moreover, Newpark achieved the leadership position across all key drilling fluids criteria, winning an overall category-defining Net Promoter Score of 63%, putting it +14% ahead of the next closest provider and +21% ahead of the category average.
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.